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LOANS & CREDITS

China - Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools)

Washington DC, March 20, 2013—The World Bank's Board of Executive Directors today approved the following project.

China - Beijing Rooftop Solar Photovoltaic Scale-Up (Sunshine Schools)

IBRD Loan: US$120 million
Terms
: Maturity = 25 years; Grace = 5 years
Project ID
: P125022

Project Description: The objectives of the project are to increase the share of clean energy in electricity consumption and to demonstrate the viability of the renewable energy service company model for scaling up the deployment of rooftop solar photovoltaic systems in schools and other educational institutions in Beijing municipality.